Ethereum

<p><em><strong>A significant amount of Ethereum (ETH) has been bought, totaling more than $620 million. Data from Spot On Chain shows that within just one hour, a massive 15,003 ETH was purchased at around $3,932 each, using 59 million DAI.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><p>In the last four days, these wallets have accumulated 163,295 ETH, costing approximately 620.7 million DAI, with an average buying price of $3,801. This has resulted in an estimated unrealized profit of $24.3 million.</p><h3 id="strong-pulsechain-linked-wallets-invest-in-ethereum-eth-strong"><strong>PulseChain-Linked Wallets Invest in Ethereum (ETH)</strong></h3><p>These transactions are linked to <a href="https://cryptosheadlines.com/what-prompted-the-transfer-of-15-8-billion-floki-tokens-to-a-binance-wallet-associated-with-dwf-labs/" rel="noopener noreferrer nofollow">wallets associated</a> with PulseChain, a project connected to Richard Heart, the controversial figure behind HEX and PulseX. PulseChain has <a href="https://cryptosheadlines.com/elon-musks-tweet-sparks-crypto-community-debate/" rel="noopener noreferrer nofollow">sparked debates within the cryptocurrency community</a> due to its founder’s reputation.</p><p>Despite the controversies surrounding Richard Heart, the significant investment in Ethereum by entities associated with PulseChain indicates confidence in the digital asset’s future.</p><p>The impact of these large-scale purchases is evident in the market as Ethereum’s price approaches the $4,000 mark. Currently, ETH is trading at $3,939, marking a 3.74% increase over the past 24 hours and an impressive 62.57% rise over the last month.</p><p>The substantial interest from both retail and <a href="https://cryptosheadlines.com/institutional-investors-propel-ethereum-eth-rally-3000-next-target/" rel="noopener noreferrer nofollow">institutional investors continues to drive Ethereum’s</a> momentum, underscoring the widespread belief in its long-term potential.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><h3 id="strong-anticipation-builds-for-ethereum-s-dencun-upgrade-strong"><strong>Anticipation Builds for Ethereum’s Dencun Upgrade</strong></h3><p>Ethereum’s value surge comes as people eagerly await the Dencun upgrade on March 13. This update will bring proto-danksharding, aiming to make layer-2 transactions cheaper. It’s all about improving how users experience Ethereum.</p><p><a href="https://cryptosheadlines.com/south-korea-considers-bitcoin-etf-approval-amid-price-surge/" rel="noopener noreferrer nofollow">Also Read:   South Korea Considers Bitcoin ETF Approval Amid Price Surge</a></p><p>With the Dencun upgrade approaching, everyone is keeping a close eye on Ethereum’s price movements and how people are investing in it. Big investors, called “whales,” are making moves that show they’re really interested and optimistic about Ethereum.</p><p>These developments show that Ethereum is still a top digital currency. People are really excited about the Dencun upgrade, believing it’ll bring more good things to Ethereum and its community.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Big Players Purchase Ethereum (ETH): Over $620 Million Spent

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